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Dec 12, 2012
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here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the world buying assets because the returns are a lot better. so a lot of this activity does not concern me, but some of it does because you see in certain acquisitions like a one to three systems, the battery maker, the canadian oil sands producer. they're looking for technology. and some of this technology has defense applications, like this battery maker they're buying this stuff up. that is something we have to be concerned about and should stop. tracy: do you worry -- we ha an election. there are new people leading. you worry that the new leaders will make this even worse? >> th
here to explain what china wants is the author of the coming collapse of china. i'm glad your year because this sounds really scary. you worried about this? aig, 4 billion. that is the biggest chinese takeover thus far. u worry that this is going to be a trend? >> it's certainly going to be. what's happening in china is that enterprises don't have the opportunities there because their problems and the chinese economy right now it's a pretty serious. these enterprises are going around the...
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Dec 5, 2012
12/12
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veterans and disability group in america. 152 countries have already ratified the treaty including china and russia. the treaty is modelled after existing u.s. law. former senator bob dole is 89 years old. he just got out of the hospital yesterday. and today he kaim to the senate floor in a wheelchair to support the treaty. eight republicans and two independents voted for the treaty including john mccain. but it wasn't enough. the treaty failed 61-38. >> it was solid then. he means it. and i think the organizing around it is so important. the labor movement, consumer groups, women's groups. >> i'm joined by a columnist for the nation magazine and howard fineman, msnbc political analyst. great to have you with us. howard, you first. when bob dole comes to the senate and he can't move people, where is the common sense? >> the senate is lost. that's the way i would put it. bob dole, one of the most revered figures. he's almost literally on his death bed a week or two ago. who commoned the courage to come to the senate to be the conscious on something he championed in 1990. this was senator
veterans and disability group in america. 152 countries have already ratified the treaty including china and russia. the treaty is modelled after existing u.s. law. former senator bob dole is 89 years old. he just got out of the hospital yesterday. and today he kaim to the senate floor in a wheelchair to support the treaty. eight republicans and two independents voted for the treaty including john mccain. but it wasn't enough. the treaty failed 61-38. >> it was solid then. he means it....
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Dec 16, 2012
12/12
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once in china and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn around. and lost five seats and the legislature. >> you can look for all the conspiracy's you want. the fact is that michigan was adjusting to exactly the reality that evan isalking about, globalization. i think was glory days for the unions 94 is, 1950's, 1960's, when the rest of the world was devastated by the second world war, we had a monopoly and, yes, great benefits to it the problem is that when you have global competition, you are uncompetitive. detroit went bankrupt but the southern transplants did not. here is the tragic choice. in the right to work states, wages are 10% lower. unploynt is also
once in china and japan and all these countries start making stuff cheaper, it is problem for unions, and that is just a reality. >> it is also reality that some of that manufacturing is coming back, and not because of low wages. because of transportation costs, innovation, all kinds of things. what bothers me about this vote is that it was ught and paid for by a few wealthy people. the leader of the senate, the governor, both on record not want to do this initially . they did it turn...
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Dec 12, 2012
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security council resolution to impose even yet additional sanctions on north korea that all depends on how china reacts to that. and number two, while they continue to test and provoke the united states, we still feel compelled to bail them out on humanitarian assistance because of the starvation of their people. we're caught between foreign policy and the real fear they're going to have a nuclear missile test soon. >> dana, the chair of the house committee on foreign affairs calls this missile launch the result of quote, the obama administration's policies of appeaseme appeasement. i'm sorry to have to ask you this question for about the 9 millionth time. why can't the gop move past its baseless 2012 attack lines and try to think of something constructive to do with this kind of issue? >> right. it feels like -- and it's not just north korea. we heard the same on iran. the cowboy diplomacy saying be tougher. in this case what exactly does that mean? does that mean launch a strike on this nuclear power potentially causing the loss of tens of millions of people. what exactly is the alternative he
security council resolution to impose even yet additional sanctions on north korea that all depends on how china reacts to that. and number two, while they continue to test and provoke the united states, we still feel compelled to bail them out on humanitarian assistance because of the starvation of their people. we're caught between foreign policy and the real fear they're going to have a nuclear missile test soon. >> dana, the chair of the house committee on foreign affairs calls this...
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Dec 9, 2012
12/12
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china's numbers have improved lately, and you have political stability back. so the volatility of the instability factors that are outside have reduced overtime. the real threat that we have is here, with us, and that can be addressed. >> but when you look at -- i understand that bangs being downsides our down afraided, you have more than 11% unemployment in the euro zone, which is a good deal higher than here, are those things threats to the u.s. economy, or do you think it is now destabilizing, or has the potential to destabilize the world economy? >> i think because it is relatively closed, it trades with itself and immediate neighbors, is less vulnerable to what happens outside, for instance in europe. but, the consequences would be relatively minor. it is more exposed to it's own difficulties, and it's own issues, than to what happens elsewhere in the world, because it is such a large player. >> so we're our own 5,000 pound gor ri gorilla. >> let me ask you as a final question, january 2nd arrives, no deal, what will we notice first? >> lack of citizen, m
china's numbers have improved lately, and you have political stability back. so the volatility of the instability factors that are outside have reduced overtime. the real threat that we have is here, with us, and that can be addressed. >> but when you look at -- i understand that bangs being downsides our down afraided, you have more than 11% unemployment in the euro zone, which is a good deal higher than here, are those things threats to the u.s. economy, or do you think it is now...
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Dec 8, 2012
12/12
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we think it is all about competing with china, but we are competing with other advanced economies. we need to make sure we have some understanding that we are functioning in a global marketplace for manufacturing and marketing. there is work to be done to make sure the tax policy looks to the future and how we grow entrepreneurs. kasich investment in research is also -- basic investment in research is not to be taken lightly. it is medical research. it is research on new energy sources. entrepreneurs come out of these kinds of things where we seem basic research funded by the government that we take for granted. if you keep cutting that, even research and development tax credits -- they benefit companies such as doing it anyway. if we want to do it seriously, we have to say this is something you can count on. >> let me come back to the entitlement issue. the democratic side of the debate. 1969, the federal government keeps track of the total of spending that goes to investment in research and development, infrastructure, education training. in 1969, 31.3% of the federal government
we think it is all about competing with china, but we are competing with other advanced economies. we need to make sure we have some understanding that we are functioning in a global marketplace for manufacturing and marketing. there is work to be done to make sure the tax policy looks to the future and how we grow entrepreneurs. kasich investment in research is also -- basic investment in research is not to be taken lightly. it is medical research. it is research on new energy sources....
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Dec 11, 2012
12/12
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>> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >> well, we think there's a domestic rebound coming -- lizly -- liz: china -- >> recovery under way, off of what? 7% gdp growth, but up 9% next year. liz: and a growing middle class likes to travel. >> 250 million people entering middle class in china. liz: almost as many people in the u.s.. good to see you. >> good to see you. liz: closing bell ringing in six minutes, up 80 points for the dow, lots of green on the dow, we're coming right back, don't noaf of move. ♪ what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low
>> this is controversial, in china, people worried about china. a two year bear market, new leadership in place, economic recovery underway, leading indicators suggest it's started. this is a company that benefits from all of that domestic growth in china. it's one of the national carriers, and it's connected to the star alliance. stock is trieding at three times, down 45% off its lows. liz: now, if there's a domestic rebound, is that what you believe is really happening there? >>...
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Dec 12, 2012
12/12
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the side that said things that were dead wrong about the jeep factory heading to china and the nonsense heading to work requirement for welfare and the pathetic claim that president obama spends his time out there in the world apologizing lost. it really did. and maybe, just maybe, the reason the people telling the most truth won. and the people telling the most untruth lost. it's for that very reason. we were, all of us, paying attention because it really mattered. that's "hardball" for now. "politics nation" with al sharpton starts right now. >> thanks, chris. and thanks for tuning in. tonight's lead, republicans are picking a fight they can't win. new evidence today that president obama is in a strong position in this nation's fight for fairness. and republicans are on the losing end of this fight. now, new polls show 65% of americans believe the president does have a mandate to raise taxes on the wealthy. 62% say he's got a mandate to protect medicare. and 64% says he's got a mandate to protect social security. that is a winning hand. the president has it and he knows it. >> i'm pre
the side that said things that were dead wrong about the jeep factory heading to china and the nonsense heading to work requirement for welfare and the pathetic claim that president obama spends his time out there in the world apologizing lost. it really did. and maybe, just maybe, the reason the people telling the most truth won. and the people telling the most untruth lost. it's for that very reason. we were, all of us, paying attention because it really mattered. that's "hardball"...
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Dec 19, 2012
12/12
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so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if you can get china and europe doing better. it is hard to be terribly bearish on the u.s. >> y are going to stay with our politico expert. this is a rally that has surprised experts. it hasn't been that easy to be optimistic. >> it is. i think you have to be cautious here. the probability that this could fall apart is very, very real. >> so, you have to be careful up at these levels as a trader. i have low exposure up here. i have protection. that is how you have to play this market. stay with us please. >> yesterday it looked like washington was inching towards a deal. but t
so you have china engineering a soft landing and starting to recover. you have europe away from the brink. greece got upgraded today. who would have thought it. that is what the market is looking at. saying okay. it is not going to be the worst kcase sharcenario, but you coul extend the middle class tax cuts and be done with it. it is in a recession. >> and i think the market would not like that very much. everybody is expecting that you get the middle class tax cuts done. >> and if...
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Dec 11, 2012
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-china cooperation. a negative scenario would be where the two countries start working at cross purposes with each other and cannot communicate, cannot resolve the problems that exist between them. that would be something we seriously have to be concerned about. >> donald, so, i mean, okay. there is all the talk and maybe mutual interest and cooperation and there's talk about china catching or surpassing the united states as a superpower in the world, whatever that means. when you look at what that's meant for the u.s., you have troops, military bases, tangled up in geo political stuff across the globe. what kind of superpower does china want to be? >> well, china does not in my opinion want to be the kind of superpower that we normally think of in a military and strategic sense when we use that term. actually, the report that just came out said that the u.s. would remain dominant as the leading power in 2030. it was not as if -- it is not if the chinese are seeking or will replace the united states. tha
-china cooperation. a negative scenario would be where the two countries start working at cross purposes with each other and cannot communicate, cannot resolve the problems that exist between them. that would be something we seriously have to be concerned about. >> donald, so, i mean, okay. there is all the talk and maybe mutual interest and cooperation and there's talk about china catching or surpassing the united states as a superpower in the world, whatever that means. when you look at...
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Dec 19, 2012
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gone bust in china. here's the details. a group of investors in shanghai lost the equivalent of $22.5 million that they thought was going to pay them 11% interest in only one year. their money was supposedly invested in a pawn shop, two car dealerships and entertainment ven urg. these investors were supposed to get their principal and whopping interest payment in november. instead, they got zero and started protesting in front of the bank for days. the situation is raising alarms with regulators over there because these wealth management products, wmps as they are nope, are so widespread. more than $2 trillion worth in the chinese bank is system. that's equal to 14% of all deposits in chinach the chinese buy them because they pay way more in interest than cds and savings account. analyst are worried that this failure is tip of the iceberg, more on the way possibly leading to a credit crisis. they also worry because of these headlines investors will stop buying them outright, and some of them are actually good. yes, these pr
gone bust in china. here's the details. a group of investors in shanghai lost the equivalent of $22.5 million that they thought was going to pay them 11% interest in only one year. their money was supposedly invested in a pawn shop, two car dealerships and entertainment ven urg. these investors were supposed to get their principal and whopping interest payment in november. instead, they got zero and started protesting in front of the bank for days. the situation is raising alarms with...
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Dec 12, 2012
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. >> china is an ally and expressed regret over the launch. we report that north korea may have up to a few dozen nuclear weapons that could be fitted on top of ballistic missiles. just in the past hour, police in oregon gave us an update on the mall shooting that left three people dead. we are learning the identity of the shooter. plus as the administration deals with the new laws legalizing marijuana in washington and colorado, former president jimmy carter weighs in on legalizing pot. >> i'm in favor of it. i think it's okay. >> that by the way is one of the things we thought you should know. [ male announcer ] red lobster's hitting the streets to tell real people about our new 15 under $15 menu. oh my goodness! oh my gosh, this looks amazing! [ male announcer ] our new maine stays! 15 entrees under $15, seafood, chicken and more! oo! the tilapia with roasted vegetables! i'm actually looking at the wood grilled chicken with portobello wine sauce. that pork chop was great! no more fast food friday's! we're going to go to red lobster. yep. [
. >> china is an ally and expressed regret over the launch. we report that north korea may have up to a few dozen nuclear weapons that could be fitted on top of ballistic missiles. just in the past hour, police in oregon gave us an update on the mall shooting that left three people dead. we are learning the identity of the shooter. plus as the administration deals with the new laws legalizing marijuana in washington and colorado, former president jimmy carter weighs in on legalizing pot....
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Dec 13, 2012
12/12
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cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked readers to pick out the top lies of the year. the top five. here's the first one. >> what we now have is the biggest tax increase in the history of the world. obama-care is just a massive tax increase. that's all it is. >> cenk: that's awesome. the biggest tax increase in the history of the world. now the reeders picked that number one biggest lie now number two was this one. >> if you got a business, you didn't build that, somebody else made that happen. >> my father's hands didn't build this company? my hands didn't build this company? >> through hard work an
cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked...
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Dec 13, 2012
12/12
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other countries are looking at returning, india, china, maybe russia, not us. how do you feel about in a? >> pretty disappointed. i feel empty inside. we cracked the door open half a century ago. we were challenged to do something no one thought we could do by kennedy. we were challenged to do the impossible. half a century later, the leadership we took from the soviets we've given back to the same people, though we call them russians, full circle. we're here saying what are we doing and where are we going? by the way, can we get a ride to our space station? how does that make you feel? how does it make me feel, but you're an american. you're a taxpayer. you're -- you're as red, white, and blue as anybody i know and that's -- i get that comment from so many people around the country. what are we doing? where are we going? why aren't we? how did this -- how did we let this happen? we cannot put an american on an american piece of hardware today, a half a century after we had gone to the moon. >> there is orange fire -- soil, all over. orange. >> even more import
other countries are looking at returning, india, china, maybe russia, not us. how do you feel about in a? >> pretty disappointed. i feel empty inside. we cracked the door open half a century ago. we were challenged to do something no one thought we could do by kennedy. we were challenged to do the impossible. half a century later, the leadership we took from the soviets we've given back to the same people, though we call them russians, full circle. we're here saying what are we doing and...
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Dec 28, 2012
12/12
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the coal producers, shipping coal over to china. if i'm looking for money, i'm looking at you guys for money. don't you expect the president or congress or somebody to put the squeeze on you to find some way increasings revenues from energy production? >> well, look, they're going to being seeking revenues from wherever they can get them. it would be such a misguided approach to try and do that, david. we consume fuel. we don't create it or sell it. here's the issue. in 1960s or so, about 20% of gdp was driven by electricity. now it is about 60%. i talked before the commercial break about growth capital. think about electricity or energy broadly as growth capital. it is fueling a renaissance of manufacturing in america. why in the world would you want to tax energy that is going to serve to fuel our economic growth? david: why in the world they would want to do a lot of things cutting down growth. got to leave it at that, thomas fanning, southern company ceo and president. shibani: adam shapiro will be out of d.c. on "money" you kno
the coal producers, shipping coal over to china. if i'm looking for money, i'm looking at you guys for money. don't you expect the president or congress or somebody to put the squeeze on you to find some way increasings revenues from energy production? >> well, look, they're going to being seeking revenues from wherever they can get them. it would be such a misguided approach to try and do that, david. we consume fuel. we don't create it or sell it. here's the issue. in 1960s or so, about...
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Dec 7, 2012
12/12
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what's happening in china and japan is not any help. then you add on top of it what's coming out of washington. i don't think you should get your hopes up about figuring it out before the end of this year. i think there's a pretty deept chance we go over the cliff and then try to sort it out in the beginning of the year. >> lovely. >> joe, when did 146,000 jobs become good? have we become so pessimistic -- have our expectations come so low we're cheering 146,000 when we should be well over 200? >> plus the downward revisions for the previous two months. >> although, those revisions were almost all in government. mandy makes a good point. 150,000 a month, which has been the average over the past is a months or so, is not great. if this was a normal recovery, we'd be growing at 4% instead of 2 on gdp. employment would be well over 250. however, the good news in today's report was if you look at the household survey, there was clearly a hurricane effect in these numbers. we might actually have printed over 200 absent hurricane sandy. i wou
what's happening in china and japan is not any help. then you add on top of it what's coming out of washington. i don't think you should get your hopes up about figuring it out before the end of this year. i think there's a pretty deept chance we go over the cliff and then try to sort it out in the beginning of the year. >> lovely. >> joe, when did 146,000 jobs become good? have we become so pessimistic -- have our expectations come so low we're cheering 146,000 when we should be...
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Dec 13, 2012
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look at equities with a little bit of a china exposure because china is starting to bottom a little bit, we think, so that's where i would focus. the number one thing and the greatest clarity i have in 26 years in this business, stay away from interest rate sensitive bonds and stay away from bond funds, and that's what you need to be doing right this moment. >> so you go on equities then, all in in equities then? >> let me tell you, if you're going to be an investor for longer than two years, stay away. if you need fixed income, run away from interest rate sensitive bonds. >> what about the fiscal cliff, you think we get a deal by the end of next week? we going to get a deal? >> i don't see a long-term deal. >> it's pretty easy to come to that conclusion, brian, given the fact that they have had 13 months to discuss this and think about it and now we're down to 18 days to deal with medicare, medicaid and defense spending, what, social security, taxes. what else can we throw into the bucket? >> yeah. you can just throwing more and more in. i think it's clear that they won't be able to co
look at equities with a little bit of a china exposure because china is starting to bottom a little bit, we think, so that's where i would focus. the number one thing and the greatest clarity i have in 26 years in this business, stay away from interest rate sensitive bonds and stay away from bond funds, and that's what you need to be doing right this moment. >> so you go on equities then, all in in equities then? >> let me tell you, if you're going to be an investor for longer than...
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Dec 1, 2012
12/12
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tried to play a role in the security council, the security council was unable, because of russia and china, which vetoed three times, and double the toe -- double veto, any actions against the assange regime. -- assad regime. should the international community's do actions beyond our outside the security council? it is not allowed for more casualties to be killed. syria, as a nation and the country, is threatened. they side effect of that, as we see right now -- more radicalization, from the country. we see increasing anti-western sentiment in syrian society. that is maybe more to hottest from other countries enough to join the syrian -- more jihadists to join the syrian regime. that is different from maybe the assad regime. he called all the freedom fighters as a terrorist or jihadists or al qaeda, like that. the situation or the change of dynamics of the revolution reflected on the dynamics of the free syrian army. there is no central command. there are different groups in different cities and different areas. since those areas are not geographically connected, it is very difficult, for
tried to play a role in the security council, the security council was unable, because of russia and china, which vetoed three times, and double the toe -- double veto, any actions against the assange regime. -- assad regime. should the international community's do actions beyond our outside the security council? it is not allowed for more casualties to be killed. syria, as a nation and the country, is threatened. they side effect of that, as we see right now -- more radicalization, from the...
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to happen in greece and we don't know what's going to have in the euro zone and the energy needs in china and india and industrialized nations. what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia because if you look at thinge a greg gat euro zone debt, and you have political stability back now that the new team is in place so the volatility and the instability factors that are outside have reduced. the real threat that we have at the moment is really here with us and that can be addressed. >> but when you look at, i mean i understood that the european banks had sort of downsized or downgraded what they thought would be growth. you've got more than 11% unemployment in the euro zone, which is a good deal higher than here. >> yeah yeah. >> are those things threats to the u.s. economy or do you think the u
to happen in greece and we don't know what's going to have in the euro zone and the energy needs in china and india and industrialized nations. what do you think is the biggest threat from the outside to the u.s. economy? >> the fiscal cliff. first of all i think there are issues that are beginning to improve and, you know, whether you look at the euro zone which is making progress, gradually, laboriously and certainly improving and with good numbers because if you look at thinge ia...
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Dec 10, 2012
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now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new york stock exchange. and stocks are higher as fiscal cliff song and dance continues in washington. mr. boehner says he is waiting for a proposal from this gentleman, the president. president obama. and the president is set to speak about the cliff and the a economy later today. >> i thought i was supposed to come here today. you thought you were supposed to come here today. so we are both here. not really, folks. a lot of talk today is about what investors should do if we go over the cliff. what should we do if there is a debt deal before year-end or shortly the
now you get china. if europe can stabilize, i think we can go much higher. >> how many days, if you add headline that monty was thinking about, going out and bursceloni was thinking about coming back. follow me on twitter. and "power lunch" begins right now. >> halftime is over. "power lunch" and second half of the trading day starts right now. >> and here we are. welcome to "power lunch." as you can see, we are beth here on the floor of the new...
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Dec 29, 2012
12/12
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children from a distance from many countries, whether it's guatemala, tibet, colombia, whatever country, china, vietnam, cambodia, if you look back in the history, as i said, i have been involved in this for decades, you will see many families never give up on their children even if they're held hostage by the country. >> that's what robert said, he will not give up. >> he's not alone. >> what do they see, when these families go? it strikes a chord with them. they see how the children are living. you say terrible, but take us inside and tell us what they see. >> the first thing you do, i have my eyes closes and can go back to any orphanage and you experience the silence. there's this deafening silence and there are these bad smells. then there's just these empty -- these empty rooms filled with cribs with silent children. kids who lie for hours, languishing. >> alone. >> alone, untouched, fed by bottle propping. often speed fed so they choke, they lie in their own feces and urine, they stink, they're untouchable, and the people who work there are not professionally trained so they don't want t
children from a distance from many countries, whether it's guatemala, tibet, colombia, whatever country, china, vietnam, cambodia, if you look back in the history, as i said, i have been involved in this for decades, you will see many families never give up on their children even if they're held hostage by the country. >> that's what robert said, he will not give up. >> he's not alone. >> what do they see, when these families go? it strikes a chord with them. they see how the...
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Dec 19, 2012
12/12
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CSPAN
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eye 145
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china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story. guest: the story focuses on what the elements are there: jobs back to the united states. jim fallon has reported -- that are pulling jobs back to the united states. jim bolon has report on jobs for a number of years. about five years ago in the summer of 2007, he did a big piece on an outsourcing firm. he focuses on the head of that, a guy named liam casey. he talked about what jobs are going over there in such massive scale. and he focused on the scale of the operation over there. he went to the foxconn plants. it has been in the news lately because of labor malpractice. they produce a lot of our products and a lot of other products. there are a number of factors in china. one is, wage pressure, particularly on the coast as the cost of living in ch
china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story. guest: the story focuses on what the elements are there: jobs back to the united states. jim fallon has reported -- that are pulling jobs back to the united states. jim bolon has report on jobs for a number of years. about five years...
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Dec 10, 2012
12/12
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WJLA
tv
eye 56
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china's contractors have seen strong growth for european and latin american governments. the international contract association claims growth may slow in 2013 as the economy's deterioration in these countries. the american society of civil engineers recently released a study pointing out the dangers of the government under funds be needed infrastructure improvement in our air land, and see. no doubt this will be a topic at the upcoming government conference in which i am a part of. the storie ♪ ♪ [ male announcer ] the machines are on the move. they're curious. because they've heard that there are new machines -- brilliant ones -- and they're coming to see for themselves. machines with the technology, the scale and the ability to communicate to make the world work better. and now all the machines want in. ♪ ♪ >> e degrees at reagan national. we have fog that will stick around in the morning hours -- a record 71 back in 1991. the weatherbug network is 49 degrees in alexandria. a 10th of an inch of rain earlier in the day. here in the district, looking at 44 degrees
china's contractors have seen strong growth for european and latin american governments. the international contract association claims growth may slow in 2013 as the economy's deterioration in these countries. the american society of civil engineers recently released a study pointing out the dangers of the government under funds be needed infrastructure improvement in our air land, and see. no doubt this will be a topic at the upcoming government conference in which i am a part of. the storie...
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179
Dec 29, 2012
12/12
by
CNNW
tv
eye 179
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children from a distance from many countries, whether it's guatemala, tibet, colombia, whatever country, china, vietnam, cambodia, if you look back in the history, as i said, i have been involved in this for decades, you will see many families never give up on their children even if they're held hostage by the country. >> that's what robert said, he will not give up. >> he's not alone. >> what do they see, when these families go? it strikes a chord with them. and so, you know, to talk about the bad conditions, well, bad conditions are everywhere. i traveled to romania, russia, bolgaria, i spent the last god knows how many years working in orphanages trying to support >> alone. >> alone, untouched, fed by bottle propping. often speed fed so they choke, they lie in their own feces and urine, they stink, they're untouchable, and the people who work there are not professionally trained so they don't want to be near the kids. a lot of kids have underlying medical conditions, and there are no physicians who come in and qualify or quantify what their issues are, so they don't get that medical interve
children from a distance from many countries, whether it's guatemala, tibet, colombia, whatever country, china, vietnam, cambodia, if you look back in the history, as i said, i have been involved in this for decades, you will see many families never give up on their children even if they're held hostage by the country. >> that's what robert said, he will not give up. >> he's not alone. >> what do they see, when these families go? it strikes a chord with them. and so, you know,...
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Dec 10, 2012
12/12
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CNBC
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eye 174
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we had better data out of china last week. household net worth increased by $1.7 trillion which was a big number for the fed. it says the bernanke policies are working. in terms of clients what they're doing, obviously there's a lot of clouds on the horizon short-term. but longer term, it's positive. so right now towards the end of the year what we've been seeing is a lot of accounts looking to take out short positions and stocks that have been hef sli shorted. so you've seen stocks like sears holdings, jcpenney, hewlett-packard, facebook, all those types of stocks that have a high short interest. since there's not a lot of clarity outside in terms of the fiscal cliff, they're going after those shorts and pressing them to the table. [ overlapping speakers ] >> -- quality dividends. if you see volatility happening, it's going to strong balance sheets. buy stability, protection, fundamentals. >> and remember that every central bank in the world is full bore in the mote. it's just a matter of time when that velocity picks up. we
we had better data out of china last week. household net worth increased by $1.7 trillion which was a big number for the fed. it says the bernanke policies are working. in terms of clients what they're doing, obviously there's a lot of clouds on the horizon short-term. but longer term, it's positive. so right now towards the end of the year what we've been seeing is a lot of accounts looking to take out short positions and stocks that have been hef sli shorted. so you've seen stocks like sears...
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83
Dec 18, 2012
12/12
by
FBC
tv
eye 83
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they are looking at hey there's no hard landing in china. europe didn't fall off the map. the u.s. didn't go into recession. we didn't have worldwide food inflation. maybe there's a reason to be constructively bullish on this market. liz: wasn't 1442 supposed to be that support level? >> it is a support level. below that though 1430. that is a key level. i think people are squaring up because hey, we don't know what will happen overnight, but by in large, the market is pricing in that something will get accomplished, but hey, if i was standing in that pit right now, i'd go home flat as well but you'd never know. david: i won't tell those guys about the asteroid that's planning to hit at 12:00 midnight. but that's a whole other story. larry, great to see you. liz: david you just panicked half of our viewers. oracle beat on the top and bottom line. let's head back to nicole on the floor of the nyse. nicole: i have been talking with traders taking a look at the stock in the afterhours. it is a winner. we're watching oracle on the move to the upside, beat on both top and bottom line. t
they are looking at hey there's no hard landing in china. europe didn't fall off the map. the u.s. didn't go into recession. we didn't have worldwide food inflation. maybe there's a reason to be constructively bullish on this market. liz: wasn't 1442 supposed to be that support level? >> it is a support level. below that though 1430. that is a key level. i think people are squaring up because hey, we don't know what will happen overnight, but by in large, the market is pricing in that...
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Dec 13, 2012
12/12
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CURRENT
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if we want to compete with china by lower ourselves to the standards that they have that is just not the way that america is going to lead the world. it's not going to be the way that we feed our people. i read an article in salon that says that michigan has given up and it will become a service-own state. >> eliot: it's a shame to watch. one last question, there is much commentary, and rightly so, that these have been rammed through a lame duck legislature. would these bills have passed next year, what do you think would they have been able to do this? >> i think it would be a lot of tougher. there are a number of republicans who have close ties to labor but you know, the other weird thing, eliot because they were jammed through in the space of two days by using those maneuvers to do it, you'll never know the answer because nobody had a chance to work on people, to comment whether they would be persuaded. >> eliot: governor granholm, thank you for joining us tonight. >> thanks, eliot. (vo) this friday current tv presents a special event. >> nobody knows disasters like comedians. tha
if we want to compete with china by lower ourselves to the standards that they have that is just not the way that america is going to lead the world. it's not going to be the way that we feed our people. i read an article in salon that says that michigan has given up and it will become a service-own state. >> eliot: it's a shame to watch. one last question, there is much commentary, and rightly so, that these have been rammed through a lame duck legislature. would these bills have passed...
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Dec 11, 2012
12/12
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CSPAN
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eye 101
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developed enough revenue because of our import taxes are so much smaller than those of countries like china. and in turn today -- 8 report was done on comparative tax, and they support 20% of their federal government through import taxes. why is it that we feel we cannot compete with a country that is taxing us heavily on our imports, yet when they export to our country we have just 1.9% next that is ridiculous. it is not a level playing field -- 1.9%? that is ridiculous. that is not a level playing field. an in tern in indiana did this research. guest: there is the risk of a trade war, a violation of the world trade organization pact. a lot of the big box stores rely on inexpensive imports. so it would be a trade-off. it would have an impact on the prices. host: winchester, ohio. thomas is an independent. caller: thanks for taking my call. i watch c-span all the time. i'm curious why this continuation of the republican versus democrat bashing goes on when there is such an important issue that needs to be taken care of in this country. why is there not a federal sales tax to take care of so
developed enough revenue because of our import taxes are so much smaller than those of countries like china. and in turn today -- 8 report was done on comparative tax, and they support 20% of their federal government through import taxes. why is it that we feel we cannot compete with a country that is taxing us heavily on our imports, yet when they export to our country we have just 1.9% next that is ridiculous. it is not a level playing field -- 1.9%? that is ridiculous. that is not a level...
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Dec 7, 2012
12/12
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FOXNEWSW
tv
eye 188
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we could add uncertainty about where china is going to go. the troubling thing about the departure from the labor force of so many people that is offsetting the increment is jobs is that over time, it seems like the percentage of the society that is active in the labor force is stagnant or shrinking. that kicks back to all the problems she is talking about, the entitlement program and so forth, which depend on the active population to support them. >> john: jump to the fiscal cliff. not just to it. charles, i read your column today and you made an interesting point that a lot of people didn't make that you see this is a political move by president obama to fracture the g.o.p. majority of the house, gain himself supreme power. >> well, that is because it's clear that the economic proposals, fiscal proposals won't do anything about debt. it's clear that his pretense that we are going to have to, that you can't get to the tax hikes he wants through rising, through raising the rates, without raising rates, he contradicts himself. he said exactly
we could add uncertainty about where china is going to go. the troubling thing about the departure from the labor force of so many people that is offsetting the increment is jobs is that over time, it seems like the percentage of the society that is active in the labor force is stagnant or shrinking. that kicks back to all the problems she is talking about, the entitlement program and so forth, which depend on the active population to support them. >> john: jump to the fiscal cliff. not...
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Dec 13, 2012
12/12
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CNBC
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eye 190
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china, hard landing, so you've got worries about that so that's less downside. >> the dividend payers everybody was rushing, to you're going even beyond that to riskier assets in the stock market. >> going into cyclicals, some of which have been beaten down. these are the kinds of things. i think, now, the fiscal cliff saanich u, no question about it. we are going to get fiscal tightening one way or the other. what we're assuming is this is such a lose-lose proposition for both sides. if they actually let this thing, not gust get through december 31st and do nothing about it. think about it. can president obama get anything done until he gets something, no? >> all the cuts that happened as a result of the fiscal cliff, all over the place. let's cut hundreds of billions in defense. it doesn't indicate what missions are going to be no longer what, programs we're going to kim. i mean, we really have to be stupid to be doing that. >> so irresponsible. >> not knowing where the cuts are hitting. >> right. >> for the security of this country. >> i agree. >> so, therefore, you're going to get
china, hard landing, so you've got worries about that so that's less downside. >> the dividend payers everybody was rushing, to you're going even beyond that to riskier assets in the stock market. >> going into cyclicals, some of which have been beaten down. these are the kinds of things. i think, now, the fiscal cliff saanich u, no question about it. we are going to get fiscal tightening one way or the other. what we're assuming is this is such a lose-lose proposition for both...
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Dec 12, 2012
12/12
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KRCB
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eye 165
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you can see the history of china reflected in much of the work. you can see conflicts with western culture and eastern culture. you can see critiques sometimes of the chinese government or of other governments as well. power in general. >> brown: often you can see a provocation. as in one of his most famous works dropping a haung dynasty un, three photographs showing the destruction of a 2,000 cultural relic. >> one of the things i think cease saying is sometimes it's necessary to destroy the old before you can move forward with the new. and also by destroying something know is important, it suddenly makes you have to think about the value of things. what are they worth? who says they're valuable? >> brown: he returned to china in 1993 and became part of the countr's cultural elite eventually tapped by the government to collaborate with a swiss architectural firm to design the 2008 olympic stadium. photos are on the floors and walls of the exhibition but he grew critical of the communist party's attempt to control the event. his biggest confrontat
you can see the history of china reflected in much of the work. you can see conflicts with western culture and eastern culture. you can see critiques sometimes of the chinese government or of other governments as well. power in general. >> brown: often you can see a provocation. as in one of his most famous works dropping a haung dynasty un, three photographs showing the destruction of a 2,000 cultural relic. >> one of the things i think cease saying is sometimes it's necessary to...
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more departure of high-tech immigrants from the united stateseturning home to china. lou: democrats to feed the stamp act, science, technology, engineering, and mathematics. immigrts into this country who deserve it and to we desperately want to have your while we throw open our borders and our airports to people who are, for the most part, the majority of those illegal immigrants are not even high-school educated, lacks skills, like education. my god. d they do so rejecting that law, that bill and prevent it from becoming law because they want to have a lottery. for crying out loud. the absurdities compound themselves. >> in general we have to recognize that the individual entrepreneur with special skills and contributions to american produce all the jobs, and they are the ones who are getting rich, who are punished by any increase in marginal t rates. the already rich -- lou: whatabout the young man or woman in this country who is not an entrepreneur, is not a bg shot, is not in middle management in a big corporation. they won a break. they won an opportunity. they
more departure of high-tech immigrants from the united stateseturning home to china. lou: democrats to feed the stamp act, science, technology, engineering, and mathematics. immigrts into this country who deserve it and to we desperately want to have your while we throw open our borders and our airports to people who are, for the most part, the majority of those illegal immigrants are not even high-school educated, lacks skills, like education. my god. d they do so rejecting that law, that bill...
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114
Dec 21, 2012
12/12
by
CNBC
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eye 114
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we think broadly of markets like china and brazil. these are markets that started to increase monetary easing. that have started to restructure their economies and certainly we think china has avoided very nicely a hard landing and will be back for growth track next year. >> talk to me about getting yield. that what everybody want right now. how are you doing it? high yield or investment grade securities or where? >> we are underweighted and they don't provide much of a yield these days. they are on high yield and we've had a barn burner of the year with high yield. we still think you can get high digit returns in 2013. and we are looking at global infrastructure in real estate as providing a nice sustainable yield for investors. >> the big debate down here for the past couple of days after the fed made its announcement is whether or not that will prick the bond bubble. where whether we are in a bond bubble or whether there was a bond bubble. where do you stand on that? >> it's interesting. when i think after bubble, i think of someth
we think broadly of markets like china and brazil. these are markets that started to increase monetary easing. that have started to restructure their economies and certainly we think china has avoided very nicely a hard landing and will be back for growth track next year. >> talk to me about getting yield. that what everybody want right now. how are you doing it? high yield or investment grade securities or where? >> we are underweighted and they don't provide much of a yield these...
1,069
1.1K
Dec 18, 2012
12/12
by
FBC
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eye 1,069
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why were there no lines in china? a lot of the iphone 5 ordering it online. lori: when do you expect them to retrace the all-time high? >> i see no reason we can't see that the next three to four months. lori: i have to challenge you, samsung galaxy phone is very popular, microsoft property, windows 7 has a renewed impact, the new app store having the itunes and leadership, tim cook and the whole maps issue is a credit debacle. >> the only competitor out there is samsung that matters. lori: what about tim cook and not a lot of interest in the pipeline? >> tim cook has led the company for several years. so now it is all on his shoulders. when i think about new products, apple tv on the horizon, apple will dominate the tv market over the next five to 10 years. lori: we will see, we will definitely check back in with you. melissa: about to invade u.s. banks and steal money? a plot straight out of the movies but we will bring you the real-life details straight ahead. lori: heading to break with a big rally on the s&p market today. no need for a safe haven, $22.50
why were there no lines in china? a lot of the iphone 5 ordering it online. lori: when do you expect them to retrace the all-time high? >> i see no reason we can't see that the next three to four months. lori: i have to challenge you, samsung galaxy phone is very popular, microsoft property, windows 7 has a renewed impact, the new app store having the itunes and leadership, tim cook and the whole maps issue is a credit debacle. >> the only competitor out there is samsung that...
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150
Dec 28, 2012
12/12
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MSNBCW
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eye 150
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how china's trying to make sure the elders are respected. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b medical expenses. the rest is up to you. call now and find out about an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, it helps pick up some of what med
how china's trying to make sure the elders are respected. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is...
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333
Dec 11, 2012
12/12
by
CNBC
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eye 333
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things in china are settling out with the trance in addition that leadership and we see sequentialal improvement there. as we go into '13, we see a very strong story for did you possibility. we see strength in agriculture, nutrition, advanced materials, industrial biosciences. those businesses' earnings will be up in the high teens here year over year. that will be overshadowed by a cyclical business. our performance chemical segments, going to lose six to seven points of margin in 2013 versus 2012, so when you add it all up, we believe next year we'll see low to mid single digit earnings improvement. >> does any of this include expectations about the fiscal cliff? i mean, if we go over the fiscal cliff and don't have a debt deal by year end, what you will to cut jobs? what's the impact on dupont if we don't get a resolution in time in. >> it's hard to predict because it's hard to know. i do think if there's an issue and we don't avert a cliff i think we as a country will react quickly. i criit will have an impact. i along with many of my peers have been advocating very strongly to r
things in china are settling out with the trance in addition that leadership and we see sequentialal improvement there. as we go into '13, we see a very strong story for did you possibility. we see strength in agriculture, nutrition, advanced materials, industrial biosciences. those businesses' earnings will be up in the high teens here year over year. that will be overshadowed by a cyclical business. our performance chemical segments, going to lose six to seven points of margin in 2013 versus...
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75
Dec 5, 2012
12/12
by
CSPAN
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eye 75
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if they understood that the highway fund is running a deficit, and having to borrow from china to fix the roads, it is something they would be concerned about. >> i accept the point that any tax increase has become problematical, but the gas tax i would add in along with medicare and social security, no one is fighting to decrease the gas tax. there's no protest outside of gas stations, because it is accepted at that kind of a level, whereas there's plenty of interest in cutting all kinds of other taxes. as an elected official, i think these things which are tied specifically to benefits that people can see and can grab onto, are much easier to do, and that there is some opportunity in this debate to do that. >> can i make a quick point, based on research, which is are people willing to pay higher taxes to reduce the deficit? it turns out that overall people are with one are if they feel certain it will go to reduce the deficit. there is a little trust that revenues that go to washington will be used there instead of new spending or broken spending programs. the lessons we look from t
if they understood that the highway fund is running a deficit, and having to borrow from china to fix the roads, it is something they would be concerned about. >> i accept the point that any tax increase has become problematical, but the gas tax i would add in along with medicare and social security, no one is fighting to decrease the gas tax. there's no protest outside of gas stations, because it is accepted at that kind of a level, whereas there's plenty of interest in cutting all kinds...
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what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should hold accountable is not the agency. we are allowing the agency to do this. we see waste and stupidity. the fact that we don't have a metric to measure, and we don't know how the money is spent, there are no follow-ups, it just shows the competency of the agency, but also the competency of washington in terms of doing what they're supposed to be doing. charles: on that note, we are talking about the fiscal cliff. earlier today, president obama brought the debt ceiling debate, or would be debate into the picture. it feels like a lot of the work that you do -- people say okay, we spent 100 grand on this
what we want to see is if we are going to spend this money, borrow it from china or our kids, we need to make sure that we are getting our money's worth and it is supporting what we intended it to. which is to increase security of our most humble cities. charles: senator coburn, where does the buck stop on this kind of stuff? these guys have a lot of this money. they can do things like this. is there any specific person who has ever been held accountable for this? >> the people you should...